Direxion Daily Energy Bear 2X ETF
16 hedge funds and large institutions have $20.2M invested in Direxion Daily Energy Bear 2X ETF in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 6 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
0.07% more ownership
Funds ownership: 0.69% → 0.76% (+0.07%)
5% less capital invested
Capital invested by funds: $21.3M → $20.2M (-$1.1M)
16% less funds holding
Funds holding: 19 → 16 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
94% less call options, than puts
Call options by funds: $917K | Put options by funds: $14.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$1.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.12M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$500K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$190K |
| 5 |
Bank of New York Mellon
New York
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.36M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.52M |
| 3 |
Morgan Stanley
New York
|
-$1.07M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$677K |
| 5 |
Jane Street
New York
|
-$508K |
ERY Hedge Fund Activity: Q1 2017 in Review
16 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q1 2017, worth a combined $20.2M — down 5.2% from $21.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ERY and 3 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Citigroup, adding an estimated $1.6M. The largest seller was Tower Research Capital (TRC), cutting an estimated $3.36M.
- 16 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q1 2017, down from 19 in Q4 2016.
- Funds reported $20.2M of Direxion Daily Energy Bear 2X ETF stock for Q1 2017, down 5.2% quarter-over-quarter.
- 3 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q1 2017 and 6 closed out, a net change of -3 holders.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q1 2017 was Citigroup, an estimated $1.6M added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q1 2017 was Tower Research Capital (TRC), an estimated $3.36M sold.
Based on aggregated 13F filings for Q1 2017.